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Ministry Foretells Half a Billion Br Water, Energy Projects

Jul 1 , 2023

Two projects targeting energy sources to ensure an eco-friendly and reliable power and water supply are underway with the Danish government signing a 555 million Br development plan last week. The agreement was signed between State Minister Semerta Sewasew and the Danish Ambassador, Kida Sindbjerg with plans to partner with Ethiopian Electric Power (EEP), Ethiopian Electric Utility (EEU), and the Ministry of Water & Energy. The project managers hope to enhance the utility of groundwater in Dire Dewa and Hawassa cities. The Danish government has been assisting various developmental and humanitarian programs in Ethiopia, including the WASH program launched back in 2021 by UNICEF which ought to increase access to sanitary services by 2025 for 1.6 billion Br.

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Parliament Reviews Bill Allowing Foreign Property Ownership

A draft proclamation that would allow foreigners to own or occupy immovable property in Ethiopia has been submitted to parliament by the Council of Ministers. Designed to attract foreign investment, the draft law plans to ensure that Ethiopian citizens retain their right to land ownership and use. According to a statement from the Prime Minister's Office, the draft was among six agenda items discussed and approved during the Council's regular session held on May 2, 2025. The proclamation is e...

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Speeding in the Spotlight as New Safety Drive Begins

The Road Safety and Insurance Fund Service has stated that drivers are responsible for 68 percent of traffic accidents in Ethiopia, with the remainder mainly caused by pedestrians and road conditions. On this topic, the service launched a one-month mass media campaign on last week focused on raising awareness about speeding, the leading cause of traffic accidents. The campaign, under the motto "Slow Down, Speeding Ruins Lives," plans to shed light on the dangers of speeding. Yohannes Lemma, E...

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Askari Metals Secures Five Gold Licenses in Untapped Adola Belt

Askari Metals has acquired 100pc of Rift Valley Metals, gaining five gold exploration licences covering 460sqkm in Ethiopia's Adola Greenstone Belt, part of the southern Arabian-Nubian Shield, a mineral-rich but underexplored region. "The exploration areas—Sakaro, Sakaro West, Lega Dembi South, Megado, and Wayu Boda—lie near Ethiopia's top gold mines, including Lega Dembi and Sakaro, which have produced over three million ounces of gold. The area is known for orogenic gold systems hosted...

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